NAS100 [US100] Daily Outlook | July 25

Hi Dears,

It feels good to be back!

How are you all doing? Here is what am looking at for today;

Short Term;

a. If we can secure H1 closure above 12440.34 area, i want to see price retest 12400.00-12360 zone then break above the high of our breakout before i open bullish positions
b. Apparently H1 TF break and closure below 12337.42 is a good confirmation that the BEARS has the market for a while with target at 12263.70.
c. Further drop and closure below 12228.59 zone is another good opportunity to sell massively until 12006.82 zone

Long Term;

H4 and W1 are looking bullish and i may hope for bullish move and closure above 12590 area on D1 before i can confirm bullish continuation.

Kings.